In its announcement, Premier applauded the efforts of Gyrus whose performance exceeded operational expectations. Winners are recognized for their outstanding management of Premier agreements and dedication toward the mutual goal of providing clinical and financial value to Premier alliance members. In selecting recipients, performance data is collected and scored over four successive calendar quarters. Only 41 out of 800 suppliers received the Performance Award in 2012.

Mike McNaughton, Vice President of Olympus’ Corporate Accounts, accepted the award on June 7 at Premier's 2012 Annual Breakthroughs Conference and Exhibition in Nashville, Tenn. “We are honored to be recognized as a 2012 Premier Performance Award winner,” commented Mike McNaughton. “We understand the importance of our role as a business partner and trusted provider; this award symbolizes our commitment to our partnership with Premier.”

“It was again an honor for the team to be recognized for the additional value and support we provide to Premier and its members,” stated Florence Hayes, Director of Contract Administration. “It confirms my belief that we are using best practices to fulfill the requirements of our agreements.”

“As providers continue efforts to operate in a high quality, cost-effective environment, Gyrus ACMI has truly been supporting Premier alliance members,” said Mike Alkire, Premier COO. “We're proud to recognize them as a top performing organization.”

Olympus and Gyrus ACMI have collectively received awards from Premier for the last six consecutive years, demonstrating and proving our commitment to excellence in managing the Premier Agreements and bringing value to its members.

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient
Premier is a performance improvement alliance of more than 2,600 U.S. hospitals and 84,000-plus other healthcare sites using the power of collaboration to lead the transformation to high quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier has worked with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has an office in Washington. For more information about Premier, visit http://www.premierinc.com

About Olympus Medical Systems

Olympus develops solutions for healthcare professionals that help improve outcomes and enhance quality of life for their patients. By enabling less invasive procedures, innovative diagnostic and therapeutic endoscopy and early stage lung cancer evaluation and treatments, Olympus is transforming the future of healthcare.